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Georgia Power sells $1.5B of senior notes

Jan 14, 2020 - SNL Energy Finance Daily

Georgia Power Co. sold $1.5 billion worth of debt securities to repay outstanding commercial paper borrowings and for general corporate purposes.

Georgia Power Co. sold $1.5 billion of senior notes to repay outstanding commercial paper borrowings and for general corporate purposes, including its continuous construction program.

The securities consist of $300 million of series 2019B 2.65% notes due Sept. 15, 2029; $700 million of series 2020A 2.10% notes due July 30, 2023; and $500 mi...